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Companhia Energetica De Minas Gerais CEMIG logo

CIG - Companhia Energetica De Minas Gerais CEMIG Share Price

$2.49 -0.1  -2.5%

Last Trade - 6:35pm

Sector
Utilities
Size
Large Cap
Market Cap £3.10bn
Enterprise Value £4.43bn
Revenue £3.76bn
Position in Universe 1572nd / 6942
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +6.59%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -6.93%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
21,868 18,773 21,712 22,266 25,487 25,228 16,220 32,878 +2.9%
-21.3 -86.5 +199.3 +22.7 +122.1 -40.4 +2.00 +107.4
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the three months ended 31 March 2021, CompanhiaEnergetica de Minas Gers CEMIG revenues increased 17% toR$7.11B. Net income totaled R$422M vs. loss of R$57.1M.Revenues reflect Distribution segment increase of 23% toR$4.66B, Other segment increase from R$25.7M to R$580.1M.Net Income reflects Foreign Exchange Variations/Lossdecrease of 57% to R$768.7M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company's segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation. Its electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. It is also engaged in businesses, such as telecommunications, energy solutions consulting, and acquisition, transport and distribution of gas and its subproducts and derivatives.

Directors
Last Annual December 31st, 2020
Last Interim March 31st, 2021
Incorporated May 22, 1952
Public Since June 30, 1971
No. of Shareholders: n/a
No. of Employees: 5,334
Sector Utilities
Industry Electric Utilities & IPPs
Index
Exchange New York Stock Exchange (Dual Listing)
Shares in Issue 1,692,711,177
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CIG Share Price Performance
Share Price
Bid - Ask
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Latest News for CIG
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Frequently Asked Questions for Companhia Energetica de Minas Gerais CEMIG
What is the Companhia Energetica de Minas Gerais CEMIG share price?

As of 6:35pm, shares in Companhia Energetica de Minas Gerais CEMIG are trading at $2.49, giving the company a market capitalisation of £3.10bn. This share price information is delayed by 15 minutes.

How has the Companhia Energetica de Minas Gerais CEMIG share price performed this year?

Shares in Companhia Energetica de Minas Gerais CEMIG are currently trading at $2.49 and the price has moved by 37.68% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Companhia Energetica de Minas Gerais CEMIG price has moved by 3.03% over the past year.

What are the analyst and broker recommendations for Companhia Energetica de Minas Gerais CEMIG?

Of the analysts with advisory recommendations for Companhia Energetica de Minas Gerais CEMIG, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Companhia Energetica de Minas Gerais CEMIG is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Companhia Energetica de Minas Gerais CEMIG next release its financial results?

Companhia Energetica de Minas Gerais CEMIG is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-03-31
What is the Companhia Energetica de Minas Gerais CEMIG dividend yield?

The Companhia Energetica de Minas Gerais CEMIG dividend yield is 4.24% based on the trailing twelve month period.

Does Companhia Energetica de Minas Gerais CEMIG pay a dividend?

Last year, Companhia Energetica de Minas Gerais CEMIG paid a total dividend of 0.54, and it currently has a trailing dividend yield of 4.24%. Looking ahead, Companhia Energetica de Minas Gerais CEMIG has not announced an ex-dividend date yet and the next dividend pay date is 2021-07-01.

When does Companhia Energetica de Minas Gerais CEMIG next pay dividends?

Companhia Energetica de Minas Gerais CEMIG has yet to annouce their ex-dividend date and the next dividend pay date is 2021-07-01. The historic dividend yield on Companhia Energetica de Minas Gerais CEMIG shares is currently 4.24%.

How do I buy Companhia Energetica de Minas Gerais CEMIG shares?

To buy shares in Companhia Energetica de Minas Gerais CEMIG you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Companhia Energetica de Minas Gerais CEMIG?

Shares in Companhia Energetica de Minas Gerais CEMIG are currently trading at $2.49, giving the company a market capitalisation of £3.10bn.

Where are Companhia Energetica de Minas Gerais CEMIG shares listed? Where are Companhia Energetica de Minas Gerais CEMIG shares listed?

Here are the trading details for Companhia Energetica de Minas Gerais CEMIG:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: CIG
What kind of share is Companhia Energetica de Minas Gerais CEMIG?

Based on an overall assessment of its quality, value and momentum, Companhia Energetica de Minas Gerais CEMIG is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Companhia Energetica de Minas Gerais CEMIG share price forecast 2021?

Shares in Companhia Energetica de Minas Gerais CEMIG are currently priced at $2.49. At that level they are trading at 15.46% discount to the analyst consensus target price of 0.00.

Analysts covering Companhia Energetica de Minas Gerais CEMIG currently have a consensus Earnings Per Share (EPS) forecast of 1.0993104 for the next financial year.

How can I tell whether the Companhia Energetica de Minas Gerais CEMIG share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Companhia Energetica de Minas Gerais CEMIG. Over the past six months, the relative strength of its shares against the market has been -10.07%. At the current price of $2.49, shares in Companhia Energetica de Minas Gerais CEMIG are trading at 19.33% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Companhia Energetica de Minas Gerais CEMIG PE Ratio?

The Companhia Energetica de Minas Gerais CEMIG PE ratio based on its reported earnings over the past 12 months is 11.14. The shares are currently trading at $2.49.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Companhia Energetica de Minas Gerais CEMIG?

Companhia Energetica de Minas Gerais CEMIG's management team is headed by:

Marcelo Gasparino da Silva - DRC
Dimas Costa - EXB
Paulo Henriques - EXB
Cledorvino Belini - DRC
Marcio Luiz Utsch - CHM
Jose Magalhaes - DRC
Jose Joao Abdalla Filho - DRC
Marco Aurelio Dumont Porto - DRC
Reynaldo Filho - CEO
Leonardo Magalhaes - CFO
Eduardo Soares - GCN
Mauricio DallAgnese - EXB
Marney Tadeu Antunes - EXB
Who are the major shareholders of Companhia Energetica de Minas Gerais CEMIG?

Here are the top five shareholders of Companhia Energetica de Minas Gerais CEMIG based on the size of their shareholding:

BlackRock Asset Management Ireland Limited Investment Advisor
Percentage owned: 5.97% (67.2m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.93% (66.8m shares)
iShares Global Clean Energy ETF Mutual Fund
Percentage owned: 1.71% (19.3m shares)
BlackRock Advisors (UK) Limited Investment Advisor/Hedge Fund
Percentage owned: 1.58% (17.8m shares)
iShares Global Clean Energy UCITS ETF Mutual Fund
Percentage owned: 1.54% (17.4m shares)
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